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Ca1PERS
<br />EXHIBIT
<br />California \, A ��
<br />Public Employees' Retirement System
<br />AMENDMENT TO CONTRACT
<br />Between the
<br />Board of Administration
<br />California Public Employees' Retirement System
<br />and the
<br />City Council
<br />City of Redwood City
<br />`�
<br />The Board of Administration, California Public Employees' Retirement System,
<br />hereinafter referred to as Board, and the governing body of the above public agency,
<br />hereinafter referred to as Public Agency, having entered into a contract effective July 1,
<br />1941, and witnessed July 11, 1941, and as amended effective July 1, 1954, August 1,
<br />1959, January 1, 1967, April 1, 1969, July 1, 1971, September 1, 1971, September 28,
<br />1973, December 1, 1975, November 1, 1976, July 1, 1979, February 1, 1980, March 13,
<br />1989, August 23, 1990, February 13, 1992, January 14, 1993, June 22, 1998, October
<br />14, 1999, November 21, 2001, May 6, 2002 and July 14, 2003 which provides for
<br />participation of Public Agency in said System, Board and Public Agency hereby agree
<br />as follows:
<br />A. Paragraphs 1 through 13 are hereby stricken from said contract as executed
<br />effective July 14, 2003, and hereby replaced by the following paragraphs
<br />numbered 1 through 12 inclusive:
<br />1. All words and terms used herein which are defined in the Public
<br />Employees' Retirement Law shall have the meaning as defined therein
<br />unless otherwise specifically provided. "Normal retirement age" shall
<br />mean age 55 for local miscellaneous members and age 50 for local safety
<br />members.
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